Multi-Family for Sale: 492-494 Wilson Street, Manchester, NH 03103

15 beds
5,884 sqft
$925,000
$925,000
492-494 Wilson Street, Manchester, NH 03103
15 beds
5,884 sqft
$925,000
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Price:
$925,000
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Apartment Building
Beds 15
Square Feet 5,884 sqft
Lot Size 0.06 acres
Year Built 1883
City Manchester
County Hillsborough
MLS 5014194
Status Active Under Contract
DOM 72 days
Massive, fully-occupied 5-unit multifamily property on Manchester’s East Side consisting of one 4-bedroom unit, three 3-bedroom units, and one 1-bedroom unit. This property has been significantly improved by the current owner and features new vinyl plank flooring, wooden cabinets, fresh paint throughout, and new bathroom vanities with fixtures. Rents are terrific at $10,330/month or ~$123K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. The property’s ~$86K/year in NOI makes this listing a 9.0% cap. There is ample street parking available in the immediate vicinity. Washer/dryer hookups are in each unit. The property’s certificate of compliance (COC) is pending renewal. Owner is a real estate licensee. Delayed Showings will take place on Friday, September 20th and Saturday, September 21st.

Lot & Building Features

Utilities Cable
Construction Other, Vinyl Siding
Cooling None
Heating Baseboard
Sewer Public
Water Public
Basement Description Dirt
Foundation Other
Lot Description City Lot
Roof Membrane, Rolled
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Level Number 492-1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1800.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Annual
Unit 2 Level Number 494-1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Annual
Unit 3 Level Number 494-2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1830.00
Unit 3 Rental Amt Freq Annually
Unit 3 Status Leased
Unit 4 Baths 2
Unit 4 Bedrooms 4
Unit 4 Lease Term Annual
Unit 4 Level Number 494-3
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 2700.00
Unit 4 Rental Amt Freq Annually
Unit 4 Status Leased
Unit 5 Baths 1
Unit 5 Bedrooms 3
Unit 5 Lease Term Annual
Unit 5 Level Number 494-4
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 2000.00
Unit 5 Rental Amt Freq Annually
Unit 5 Status Leased

Price History of 492-494 Wilson Street

Date Name Price Difference
09/13/2024 Listing Price $925,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 492-494 Wilson Street, Manchester, NH

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Photo of Karen Ayers
Direct: 603-770-9305
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Gray Property Group, LLC, Nick Gray
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6.75%
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492-494 Wilson Street (MLS #5014194) is a multi-family listing located in Manchester, NH. This multi-family listing is 5,884 sqft and on a lot of 2,614 sqft (or 0.06 acres) and is 141 years old. This property was listed on 09/13/2024 and has been priced for sale at $925,000.

Nearby zip codes are 03101, 03102, 03103 6080, 03104 and 03109. This property neighbors other cities such as Auburn, Bedford, Goffstown, Hooksett and Londonderry.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Gray Property Group, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/25/2024